BAD ECONOMY BLAMED FOR MORE CESSNA, HAWKER BEECHCRAFT CUTS

Cessna and Hawker Beechcraft have announced further production and job cuts, blaming the ongoing global economic crisis. Neither company released exact numbers in letters sent to employees. Cessna reported two “distinct” halves in 2008, according to a Jan. 6 letter to employees from CEO Jack Pelton...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.